Dan Morehead, a seasoned investor with a background in traditional finance, has been a key player in the crypto world since 2013. He saw the potential in Bitcoin early on and made a significant shift from his career at Goldman Sachs and Tiger Management to focus entirely on cryptocurrencies. His timing was perfect; Bitcoin's value skyrocketed from under $100 to over ...
A well-known investment company had a close call on a Wednesday. For a short time, the company's X account, which has a large following of 851, 000 people, was taken over by scammers. The hackers posted a fake message about a crypto "airdrop, " tricking many into thinking they could get free crypto. They even claimed that $5 million had already been given away. The s...
Trump Media and Technology Group is making a bold move in the world of cryptocurrency. They are raising a massive $2. 5 billion through a mix of stock and bond sales. The goal? To build a significant bitcoin reserve. This isn't just a small investment; it's a major strategic shift for the company. The plan involves selling $1. 5 billion in shares and $1 billion in c...
Patsy Hamilton, a seasoned traveler and adventurous eater, never imagined she'd be tricked by an online scam. In February, she spotted what looked like a genuine Toronto Star article. It claimed that former Prime Minister Justin Trudeau was backing a cryptocurrency exchange. Hamilton, usually sharp, was taken in. She thought, "If Trudeau is involved, it must be safe....
A filmmaker known for his work on "47 Ronin" is now facing serious charges. Carl Rinsch, a 47-year-old director, has been indicted for allegedly swindling a major streaming service out of $11 million. This money was meant for a sci-fi series that never saw the light of day. The case involves some unusual elements, including Keanu Reeves' brief appearances, questionab...
Abu Dhabi is diving headfirst into the world of cryptocurrency. The Middle Eastern country's investment firm, MGX, is putting $2 billion into Binance, the world's largest crypto exchange. This isn't just any investment; it's the biggest single investment ever made in crypto. The deal is a big step for both MGX and Binance. MGX, which was launched last year, has b...
The world of crypto has seen some dramatic shifts lately, with a political figure at the helm. By launching a bunch of meme coins, Trump has sparked a frenzy in the industry. It seems like nearly half of the people buying these coins are complete newcomers to crypto, creating their wallets on the very same day. This move has definitely caught the attention of invest...
Shares in Trump Media & Technology Group skyrocketed by 7% on Wednesday after the company unveiled its latest venture: a new financial services division called Truth. Fi. Backed by a substantial $250 million, this division is set to explore investments in Bitcoin and other cryptocurrencies, as well as customized exchange-traded funds and other financial products. The...
As the world gets ready for a new president, Bitcoin fans are hoping for a big year. One top expert from BlackRock believes that changes in laws could really boost Bitcoin. Samara Cohen, who leads the team handling Bitcoin at BlackRock, thinks that new laws will help Bitcoin reach new heights. She mentioned some important changes like the "Financial Innovation and Te...
Cryptocurrencies have been on a roll since the U. S. election in November, with bitcoin hitting a new high above $107, 000 on Monday. But despite these soaring prices and President-elect Donald Trump's pro-crypto policies, many financial advisors are still hesitant to recommend crypto to their clients. Marianela Collado, CEO of Tobias Financial Advisors in Plantation...